Allied Motion Reports First Quarter 2020 Results
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 7/16/2026
- Wall St ends higher on cool inflation data, strong earnings
- U.S. headline producer inflation posts first one-month decrease since August 2025
- PayPal rallies 20% on report Stripe, Advent made $53 billion bid
- Oil prices make small gain on smaller US inventory draw
- ASML capacity upgrade soothes AI chip bottleneck fears
Allied Motion (AMOT) Tops Q1 EPS by 21c
May 6, 2020 5:07 PM EDTAllied Motion (NASDAQ: AMOT) reported Q1 EPS of $0.44, $0.21 better than the analyst estimate of $0.23. Revenue for the quarter came in at $92.4 million versus the consensus estimate of $86.74 million.
Dick Warzala, Chairman and CEO, commented, The business impact due to COVID-19 started in March and was primarily related to a decline in demand in our Vehicle markets. As we worked through the various issues caused by COVID-19, our first and foremost commitment was to our workforce and to ensure the health and safety of all employees and their families. I personally want to... More
